grumpyrom

Even the rich see the wage/wealth gap that exists...why can't the majority see it for what it is?

Notice that the only glimmer of hope for the masses lies in Europe and Japan....socialist economies?"The U.S., UK, and Canada are the key Plutonomies - economies powered by the wealthy. Continental Europe (ex-Italy) and Japan are in the egalitarian bloc"

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djh

contributor

Number of posts : 272Registration date : 2010-01-27

the term "capitalism" was invented by karl marx. it has been debated if he was a zionist in sheeps clothing. he was a man of jewish parents. one must take all these factors when forming an opinion. engels was of ayryan origin, which makes "the communist manifesto" baffeling.

grumpy old man

administrator

Number of posts : 17663Registration date : 2008-09-27

djh wrote:the term "capitalism" was invented by karl marx. it has been debated if he was a zionist in sheeps clothing. he was a man of jewish parents. one must take all these factors when forming an opinion. engels was of ayryan origin, which makes "the communist manifesto" baffeling.

Triniman

In the last year or so, with the bail outs that we've seen in the US, I think I can safely say that capitalism's existence is assured through the convenience of forced socialism by government.

If some banks and automakers, etc., are in danger of failing, they should be allowed to fail as the free market will see the creation of new enterprises to take their place.

The free market knows best. The free market is the essence of capitalism.

_________________“Anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that 'my ignorance is just as good as your knowledge.'”

grumpyrom

major-contributor

Number of posts : 1373Registration date : 2008-09-29

Triniman wrote:In the last year or so, with the bail outs that we've seen in the US, I think I can safely say that capitalism's existence is assured through the convenience of forced socialism by government.

If some banks and automakers, etc., are in danger of failing, they should be allowed to fail as the free market will see the creation of new enterprises to take their place.

The free market knows best. The free market is the essence of capitalism.

Your missing the whole point Triniman. Try looking behind the curtain. Who is behind this "forced socialism" ? Who is really pulling ALL the strings in both the US and Canadian governments?

The free market is a wonderfull quaint idea when you talk about it on a small scale such as a town, just like Hutterites show us that communism works wonderfully on a small scale. You take either system and blow them up on a national scale, and you have a wonderfull mess.

There is no such thing as a true free market once you get corporations (and idividuals) with the amount of wealth they have amassed over the last 50 years. Once you have corporatism running the country there is no free market anymore.

grumpyrom

grumpy old man wrote:I'm sure as hell not going to start reading that site just to find out what someone there thinks is wrong.

Since this is a forum where we (sometimes) discuss such stuff, why don't you tell us what is "severely" broken in our society?

Let's try to discuss this civilly eh? heh heh...

Scared you might find out something you don't like? Just kidding with you GOM.

Try taking a read, it's basically a discussion based on the leaked Citibank memo sent to it's most elite clientel that was never meant for the masses to see. In the memo the actively discuss the plutonomy that exists in the US,UK, and Canada and how to most directly profit from it further. As well it also makes mention of the one thing they fear most:

" Furthermore, the rising wealth gap between the rich and poor will probably at some point lead to a political backlash. Whilst the rich are getting a greater share of the wealth, and the poor a lesser share, political enfrachisement remains as was -- one person, one vote (in the plutonomies). At some point it is likely that labor will fight back against the rising profit share of the rich and there will be a political backlash against the rising wealth of the rich. This could be felt through higher taxation on the rich (or indirectly though higher corporate taxes/regulation) or through trying to protect indigenous (home-grow)] laborers, in a push-back on globalization -- either anti-mmigration, or protectionism"

grumpyrom

major-contributor

Number of posts : 1373Registration date : 2008-09-29

Freeman wrote:"corporatism"???

Sorry just realised I misspelled, CORPRATISM. Yes, as in corporation running the government. Anything else is an illusion that most just refuse to see. As long as we have representive democracy we will continue to have a situation where our representative's votes can be bought and sold. We may vote them in, but we sure don't have a say in what they do when they get there.

Last edited by grumpyrom on Sun Mar 21, 2010 9:48 am; edited 1 time in total